Wednesday 11 May 2011

Long F&N (F99 - SGX) 6.28

F&N - Long on 10th May 2011

Long at 6.28. I use SMA 200 to see general trend and use this as one of the factors for entry. Exact entry is determined by the individual. Some people add in their own additional conditions be it technical or fundamental before entering. Entering at the right time is important. Entering too early might create a whipsaw, entering too late the price would have move a lot. Stop-loss is determined by the same method.

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